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The Market Is King

If you are a disciplined, follow the rules trader, then I am sure you are familiar with the many and various ways the stock market can play tricks on you.  For instance, a disciplined, technical trader will adhere to a particular strategy based on current market conditions.  In so doing, trades are assessed and entered based on specific criteria, usually by combining mechanical and discretionary means.

Technical traders base their current trade decisions on past price action, noting distinct historical patterns that have the possibility of replication.  However, the outcome of two strategically similar trades are never exactly alike if for no other reason than those trading a specific stock now are not the same ones who traded it two months, or even two weeks or two days previous.  The elements of uncertainty (e.g., changes in sentiment and differences of opinion) exert such an influence on stock prices that exact replication is impossible.  Therefore, the market enjoys a “King Jester” status. (more…)

Nine Business Lessons From Celebrities

If you pay attention, you can find inspiration and lessons that you can apply to your business everywhere you look…

  • Lance Armstrong: Be disciplined. No business will succeed without a lot of hard work and discipline. Commit to it. Stick with it. Eventually, you’ll reach your destination.
  • Paula Deen: Be yourself (and be bold about it). You will naturally succeed if you build a base of followers who are naturally attracted to your personality. Don’t worry about being liked by everybody. Just let your own unique personality shine through.
  • Mr. Rogers: Be positive. I can’t imagine making it in business without a whole lot of optimism.
  • Ellen Degeneres: Have fun. The daily grind, even when you work for yourself, can be dull at times. Doing something you love, surrounding yourself with clients and connections that energize you, and taking time to appreciate the good things in life make it all worthwhile, and who doesn’t enjoy a good laugh every once in a while? (more…)

Nine Business Lessons From Celebrities

If you pay attention, you can find inspiration and lessons that you can apply to your business everywhere you look…

  • Lance Armstrong: Be disciplined. No business will succeed without a lot of hard work and discipline. Commit to it. Stick with it. Eventually, you’ll reach your destination.

  • Paula Deen: Be yourself (and be bold about it). You will naturally succeed if you build a base of followers who are naturally attracted to your personality. Don’t worry about being liked by everybody. Just let your own unique personality shine through.

  • Mr. Rogers: Be positive. I can’t imagine making it in business without a whole lot of optimism.

  • Ellen Degeneres: Have fun. The daily grind, even when you work for yourself, can be dull at times. Doing something you love, surrounding yourself with clients and connections that energize you, and taking time to appreciate the good things in life make it all worthwhile, and who doesn’t enjoy a good laugh every once in a while?

  • Bill Cosby: Keep learning. I used to be so intimidated by what I didn’t know. But I’ve come to realize that such a list is endless, so I just continue to work at it, and I learn more and more each day about how to build a successful business.

  • Carol Burnett: Be creative. Sometimes you have to improvise. You figure it out, and you come to enjoy the journey.

  • Oprah: Build a platform. To succeed in business, you have to have a group of people who believe in you, who want to hear what you have to say, and who want to support you in everything you do.

  • Jim Carrey & Steve Carell: Don’t take it all so seriously. You’re going to mess up, and you will look silly on occasion. Learn to be OK with that.

  • Maya Angelou: Be resilient. Things will not always be easy, but if you refuse to give up and keep bouncing back, they manage to work themselves out.

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